Monday, December 14, 2009

Median Prices - November 2009-2002

December 14, 2009

Here are the median prices for the closed single family residential transactions as reported through the IMRMLS. In the fourteen communities that I have been tracking, there was very little change in the median price in November 2009 from the month of October 2009. Just a reminder, this is not a scientific sampling. I simply divide the number of closed transactions that are reported and divide by two. The prices of the properties at this number are the prices I use to report the median - half of the sales were closed for less and half were closed for more.

Banning/Beaumont........2009/167,500.......2008/200,000.......2007/255,000.......2006/300,000

...........................................2005/329,000.......2004/229,000.......2003/160,000.......2002/130,000

Bloomington....................2009/123,000.......2008/142,000........2007/305,000.......2002/365,315

...........................................2005/355,000.......2004/270,000........2003/192,000.......2002/161,000

Colton...............................2009/136,000.......2008/135,000........2007/310,000........2006/300,000

...........................................2005/310,000.......2004/242,500........2003/187,500........2002/140,000

Fontana............................2009/205,000.......2008/236,000.......2007/365,000........2006/414,000

...........................................2005/395,000.......2004/310,000........2003/236,000.......2002/182,895

Grand Terrace.................2009/225,000.......2008/240,000........2007/295,000.......2006/370,000

...........................................2005/355,000.......2004/318,000........2003/222,000.......2002/179,500

Highland..........................2009/150,000.......2008/185,000........2007/329,500........2006/355,000

..........................................2005/377,000........2004/270,000.;......2003/191,900........2002/170,000

Loma Linda.....................2009/330,000.......2008/240,000........2007/375,000.......2006/448,000

..........................................2005/360,000.......2004/308,500.........2003/255,000......2002/285,000

Mentone..........................2009/210,000.......2008/325,000.........2007/365,000......2006/345,000

..........................................2005/275,000.......2004/149,000.....;...2003/170,000.......2002/95,000

Moreno Valley................2009/148,000.......2008/162,000........2007/300,000.......2006/375,000

..........................................2005/370,000.......2004/286,000........2003/210,000.......2002/166,000

Redlands.........................2009/220,000.......2008/239,000........2007/376,000.......2006/389,000

.........................................2005/422,000........2004/325,000.......2003/283,500........2002/224,000

Rialto..............................2009/150,000........2008/178,000........2007/300,000.......2006/365,000

.........................................2005/365,000.......2004/290,000........2003/203,000.......2002/165,000

Riverside........................2009/190,000........2008/211,900.........2007/333,000.......2006/420,000

.........................................2005/406,000.......2004/329,000.........2003/257,500.......2002/195,000

San Bernardino............2009/99,900..........2008/112,000.........2007/250,000.......2006/320,000

........................................2005/305,000.......2004/229,000........2003/146,000........2002/114,000

Yucaipa/Calimesa........2009/190,000.......2008/240,000........2007/352,000.......2006/350,000

........................................2005/380,000.......2004/290,000........2003/248,000.......2002/196,500

In communities such as Bloomington, Grand Terrace and Mentone where there were fewer transactions , there was often a wide discrepancies between the median and the sale prices of the properties both before and after. However, you can get an idea of the trend in the market.

0 Comments:

Post a Comment

<< Home